Russia: Rosgeologia to look for gold on Sakhalin

Dalnevostochnoye Manufacturing and Geological Enterprise, a part of the state geological holding Rosgeologia, intends to start prospecting for gold at the Koshkinskoye field on the island of Shumshu in the Sakhalin region.

The geologists will be prospecting the site with the size of 82 square km for 3 years.

The enterprise will start working in Q3 and complete operation by the end of 2020.

All the work will be carried out with the financing from the federal budget. (Ukrainian metal)